Apply for IPO - Investec FTSE 100 Autocall

Investec FTSE 100 Autocall  

Relevant Documents

Details of the offer

INTRODUCTION

Investec Structured Products presents the Investec FTSE 100 Autocall (Autocall) which is a structured product, listed on the Johannesburg Stock Exchange (JSE). The investment product is designed to provide investors with an attractive return even if the FTSE 100 Index (Index) makes only modest returns over the investment term. The investment provides exposure in Rand with a high degree of capital protection. Capital is at risk if the product has not called and the Index has fallen more than 40% from the initial index level on the Maturity Date. A pre-defined enhanced return of 18% per annum in Rand is paid in the event of positive equity market performance after year 3, 4 or 5. The Autocall offers investors the potential to earn enhanced returns relative to cash and fixed income investments. The Autocall is credit linked and accordingly the Investor takes credit risk on both Investec Bank Limited, as Issuer, and HSBC Bank plc (HSBC), as the Credit Linked Reference Entity.


SUMMARY OF THE INVESTMENT

THIS INVESTMENT MAY BE RIGHT FOR YOU IF

THIS INVESTMENT MAY NOT BE RIGHT FOR YOU IF

EARLY REDEMPTIONS

Early Redemptions are made by selling the Autocall on the JSE and will be subject to the rules of the JSE settlement system. Investec will be a market maker for the Autocall at the prevailing mark to market rate of the instrument, less a bid to mid of 1% spread. The price of the Autocall is subject to various factors including volatility, prevailing interest rates, exchange rates and market levels and investors should be aware that the Capital Protection is only applicable at maturity. Please note that the JSE price may not reflect the price at which Investec is prepared to trade


SALIENT DATES AND TIMES



Closing Date 29 May 2019

Listing Date on the JSE 21 June 2019

Allocation of the units to investors accounts 29 June 2019

IMPORTANT:

The value of the shares applying for

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